Bitcoin and Ethereum Rebound After Fed Rate Spike; Solana Soars on Jupiter Launch
• Bitcoin and Ethereum prices end the week higher after volatility earlier in the week due to anticipation and reaction to the Federal Reserve announcement on interest rates.
• Bitcoin fell below $42,000 briefly but recovered to $43,139 by end of week, up 3% in 7 days.
• Ethereum also dropped mid-week before recovering to end the week up 2% at $2,306.
• Solana was one of the biggest gainers, with its price jumping over 10% this week to $97.86, likely due to activity around the Jupiter DEX launch.
• The total crypto market cap stands at $1.74 trillion, up nearly 2% in the last day.